2023
Flag  
GDP
$24.1BCURRENT US$
Rnk 114 / 195
2013-2023
Flag
GDP GROWTH
117%CURRENT US$
Rnk 9 / 195
2023
Flag
 GDP
$3.07BCURRENT US$
Rnk 168 / 195
2013-2023
Flag
GDP GROWTH
50.9%CURRENT US$
Rnk 74 / 195
2023
Flag
GDP PC 
$8,053CURRENT US$
Rnk 96 / 195
2013-2023
Flag
GDP PC GROWTH
119%CURRENT US$
Rnk 4 / 195
2023
Flag
GDP PC
$7,460CURRENT US$
Rnk 101 / 196
2013-2023
Flag
GDP PC GROWTH
25.4%CURRENT US$
Rnk 86 / 195

About

Armenia-Belize Trade: In 2022, Armenia exported $15.7k to Belize. The main products that Armenia exported to Belize were N/A. Over the past 6 years the exports of Armenia to Belize have decreased at an annualized rate of 54.4%, from $1.76M in 2016 to $15.7k in 2022.

In 2022, Armenia did not export any services to Belize.

Belize-Armenia Trade: In 2022, Belize exported $374 to Armenia. The main products that Belize exported to Armenia were N/A. Over the past 6 years the exports of Belize to Armenia have increased at an annualized rate of 81.5%,  from $19 in 2016 to $374 in 2022.

In 2022, Belize did not export any services to Armenia.

Comparison In 2023,  Armenia ranked 57 in the Economic Complexity Index (ECI 0.094),  and 107 in total exports ($9.02B). That same year, Belize ranked 173 in total exports ($386M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Armenia exported $15.7k to Belize. There were not main exports from Armenia to Belize in 2022. During the last 6 years the exports of Armenia to Belize have decreased at an annualized rate of 54.4%, from $1.76M in 2016 to $15.7k in 2022.

In 2017, Belize exported $374 to Armenia. There were not main exports from Belize to Armenia in 2017. During the last 5 years the exports of Belize to Armenia have increased at an annualized rate of 81.5%, from $19 in 2022 to $374 in 2017.

Exports from Armenia (Flag) to Belize (Flag) (2022)

Exports from Belize (Flag) to Armenia (Flag) (2022)

Latest Data

Trade between Armenia (Flag) and Belize (Flag)

Armenia Exports

Market Competitiveness

Color
Armenia
Top Destination
Russia$3.38B
Belize
Top Destination
United States$86.2M

This map shows whether countries import more from Armenia or Belize. Each country is colored based on the difference in imports they receive from Armenia and Belize or the difference in the growth in imports.

In 2023, countries that imported more from Armenia than Belize included Russia ($3.38B), United Arab Emirates ($2.25B), and Hong Kong ($669M).

In 2023, countries that imported more from Belize than Armenia included United States ($86.2M), United Kingdom ($55.9M), and Guatemala ($27.6M).

Difference in imports from Belize (Flag) and Armenia (Flag) (2023)

Comparative Advantage Armenia - Belize

Flow
Scale

This chart compares trade between Armenia and Belize by product, considering products traded by both, Armenia and Belize.

During 2022, Armenia had a large net trade with Belize in the exports of .

During 2017, Belize had a large net trade with Armenia in the exports of .

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Armenia and Belize. This means that a dot/product with the flag of Armenia indicates it has a comparative advantage over Belize. Similarly, a dot/product with the flag of Belize indicates it has a comparative advantage over Armenia.

Product Space of Armenia (Flag) and Belize (Flag) (2022)

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